In a prestigious annual list compiled by Corporate Knights, a media and research company focused on corporate sustainability performance, Schneider Electric, the leader in the digital transformation of energy management and automation, has been ranked the world’s most sustainable corporation.
“We are honoured and grateful to be ranked number one by Corporate Knights,” said Jean-Pascal Tricoire, Schneider Electric’s Chairman and Chief Executive Officer. “It is a major encouragement for our teams and partners, and a great recognition of more than 15 years of engagement to make our company and the world greener and more inclusive. Sustainability is a journey that we accomplish with our people, partners, suppliers, customers and communities where we operate. This recognition goes also to all of them.”
Corporate Knights’ 2021 ranking was based on an assessment of 8,080 companies with more than US$1 billion in revenues. Performance indicators include evaluations of how much renewable energy and waste companies generate. This year, they also included new indicators on sick leave, executive and board racial diversity, and clean investments.
The Toronto-based company called out Schneider’s steady shift towards products and services that help customers manage their energy needs more efficiently and safely.
“In recent decades, Schneider has shifted its focus to data centres; storage and other distributed energy resources; and smart solutions that advance electrification, energy efficiency and renewability. It now earns 70% of its revenue from, and directs 73% of its investments toward, sustainable solutions,” says Toby Heaps CEO of Corporate Knights. “Schneider Electric also performs strongly in racial and gender diversity and in resource productivity and safety.”
Schneider Electric was an early adopter of ESG considerations and has dialled up its sustainability commitments repeatedly and ambitiously over the past decade and a half. The latest acceleration of its sustainability strategy, also announced on January 25, involves six long-term commitments and eleven concrete targets, deliverable by 2025. Together, these aim to help Schneider, the businesses and communities it serves and interacts with, to address climate change and social inclusion.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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